What is the carrying cost of futures?
Could you please explain to me in detail what the carrying cost of futures entails? I understand it's related to the costs associated with holding a futures contract, but I'd like to know the specific factors that contribute to this cost and how they impact the overall profitability of a futures trading strategy. Is the carrying cost fixed or can it vary depending on market conditions? Also, how does the cost of carry differ from the carrying cost of futures? I'm eager to gain a comprehensive understanding of this concept to make informed decisions in my financial endeavors.